Must be a pretty darn good rent roll!

We will see how it all rolls out but I will certainly take your word of caution.  

Not only could you possibly get your entire cash purchase price back (as shown on HUD-1) you even have the opportunity to roll closing costs into the loan if you the numbers work in your favor (you need a great deal to make all of this happen).

You don't necessarily have to have them on a pay roll (I understand that at some point you may want to have employees) The investing world has so many people willing to help out or give helpful advice for free.

With a good credit score and an existing rent roll, you have a good chance with private lending. 

Which is exactly the reason I prefer bigger stuff and recommend that to investors - in apartments, there is pay roll and management fee.

Hey Gavin S.Welcome to BP and congrats on getting the ball rolling on your education in REI.  

An agent will provide the comps and guidance, get rent roll, etc., but in the end it is the end buyer that needs to crunch the numbers and decide what works for them.  

This could throw some real estate wholesalers offNew Foreclosures and REO SalesOngoing roll outs of financial industry regulations are putting increased pressure on US banks to shed delinquent mortgage loans and REO properties.

Who ever does it or orders it done is probably the person you need to talk to to get the ball rolling.